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Alphabet chairman Eric Schmidt steps down

Google's parent company Alphabet has confirmed that Eric Schmidt will be leaving his position as executive chairman.

During his 17 years at the company, Schmidt oversaw Google's rise from a simple start-up to one of the biggest and most influential companies in the world, and Schmidt has had a huge role in that happening.

Schmidt won’t be completely gone, though, as he will remain on the Alphabet’s board of directors and will stay as an adviser for tech and science issues. Issuing a statement on his move, he said: “The time is right in Alphabet’s evolution for this transition.” Chief executive Larry Page added: “I‘m incredibly excited about the progress our companies are making and about the strong leaders who are driving that innovation.”

Schmidt was chief executive from 2001 to 2011, after which he assumed the role of an executive chairman. Reuters (opens in new tab)says he’s done a lot about negotiating regulations with governments and speaking about the tech industry.

Among the things credited to Schmidt are taking the company public, shepherding the Android OS, and the reorganisation which included the creation of Alphabet

Image Credit: Asif Islam / Shutterstock

Sead Fadilpašić is a freelance tech writer and journalist with more than 17 years experience writing technology-focussed news, blogs, whitepapers, reviews, and ebooks. And his work has featured in online media outlets from all over the world, including Al Jazeera Balkans (where he was a Multimedia Journalist), Crypto News, TechRadar Pro, and IT Pro Portal, where he has written news and features for over five years. Sead's experience also includes writing for inbound marketing, where he creates technology-based content for clients from London to Singapore. Sead is a HubSpot-certified content creator.